at first look, it looks like a level 2 buy signal..next bar opened above
EMA50. and HIST was above .04
But, this might NOT be a good buy signal because of the EMA120 line being so close OR some other reason.
I'm trying to learn more about NOT trading blindly, this just happens to be a GREAT example to learn from.
THANKS
Quote:
|
Originally Posted by nina
Hi, Spacechimp!
As far as I can see on your chart, that bar opens above EMA50. What trade do you want to take here?
On my broker (Neuimex), bar opens below, but hist and aNina does not validate it.
Nina
|